R/Sirs, plz guide - For a Pvt. Ltd. Co. to pay leave encashment is binding by law / rules or it may be depends on company policy ? Which type of leave can be claimed by employee - PL,CL, SL.?
From India, Pune
2From India, Pune
Dear Pujari,
Encashment of unavailed days of Earned/Privilege Leave and Sick Leave on the date of termination of employment is permitted legally not withstanding the policy,if any of the establishment. But, periodical leave encashment say for example at the end of every year is certainly depends upon the leave policy of the employer.
From India, Salem
Encashment of unavailed days of Earned/Privilege Leave and Sick Leave on the date of termination of employment is permitted legally not withstanding the policy,if any of the establishment. But, periodical leave encashment say for example at the end of every year is certainly depends upon the leave policy of the employer.
From India, Salem
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PF Contribution on Leave Encashment - Clarification by EPFO.pdf
SC -PF judgment on No PF on Leave encashment.doc
EPFO Circular Leave Encashment.jpg